Fall in demand was largely caused by a decline in investment demand for gold bars and gold-backed ETFs.
03 May 2018 10:08 AM
It is difficult to gauge how many new buyers are entering the market because of online access.
22 Mar 2018 5:29 AM
Two-thirds of India’s gold demand comes from rural areas, where jewellery is a traditional store of wealth.
09 Nov 2017 11:42 AM
In 2015, Indian government had floated the idea of setting up a national gold exchange.
29 Sep 2017 4:39 AM
Goods and Services Tax (GST) on gold has jumped to 3 per cent from 1.2 per cent previously.
06 Jul 2017 2:15 PM
India's gold demand, which we expect to be between 650-750 tonnes in 2017, rising to 850-950 tonnes by 2020.
08 Jun 2017 5:37 PM
GST will bring lot of transperency in the gold industry including check on illgeal imports.
25 May 2017 5:22 PM
Demonetisation is also boosting large jewellery retailers, and they will continue to grab a larger share of the market.
09 Mar 2017 3:26 AM
According to World Gold Council (WGC), the total gold demand in 2016 fell to 675.5 tonnes, down 21.19 per cent from 857.2 tonnes in 2015.
04 Feb 2017 6:19 AM
Total demand in 2015 stood at 4,216 tonne, WGC data revealed.
03 Feb 2017 1:47 PM